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| Economy |
| Dow surges above 30,000 for first time Tuesday |
| 2020-11-25 |
| [Washington Examiner] On Tuesday, the Dow Jones Industrial Average broke 30,000 points for the first time. The index climbed over 400 points in early day trading to break the barrier. The record-breaking surge comes roughly eight months after the Dow plummeted below 19,000 points in March when the pandemic caused the markets to panic. The S&P 500 and Nasdaq composite were also positive on Tuesday, gaining 1.44% and 1.02%, respectively, during midday trading. The Dow hit its new milestone following the news that President-elect Joe Biden was allowed to start the presidential transition process, which eased investor concerns of a drawn-out and possibly rocky transfer of power. |
| Posted by:Besoeker |
| #2 Couple of trillion in inflation printed, ready to be ignored by the central debt pricing bureau. Until wages rise faster than land-title costs you are getting poorer as a country (although the establishment is gaining (at your expense).. |
| Posted by: Bright Pebbles 2020-11-25 12:57 |
| #1 So the DOW is happy to go back to the old ways? |
| Posted by: Bobby 2020-11-25 08:17 |